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Manitowoc Co Inc's accounts payable for the three months ended in Sep. 2014 was $472 Mil. Manitowoc Co Inc's cost of goods sold for the three months ended in Sep. 2014 was $741 Mil. Hence, Manitowoc Co Inc's days accounts payable for the three months ended in Sep. 2014 was 58.09.
Manitowoc Co Inc's days accounts payable declined from Sep. 2013 (62.35) to Sep. 2014 (58.09). It may suggest that Manitowoc Co Inc accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Manitowoc Co Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Manitowoc Co Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Manitowoc Co Inc Annual Data
|Days Accts Payable||118.47||117.89||79.34||71.85||67.95||44.09||60.58||62.55||0.00||61.58|
Manitowoc Co Inc Quarterly Data
|Days Accts Payable||58.10||62.34||0.00||70.03||61.73||62.35||55.29||70.35||63.84||58.09|